78010
Kerrville, Texas

The 78010 ZIP code in Kerrville reports a median sale price of $385,981 with a modest 5.0% year-over-year appreciation, tracking below national inflation rates. Market velocity remains sluggish at 98.5 days on market, significantly above the pre-pandemic norm of 30-45 days. Notably, zero homes sold above list price, indicating absent bidding competition and clear buyer leverage in price negotiations throughout the reporting period.

This environment favors patient buyers with financing secured and flexibility on closing timelines, as the extended 98.5-day absorption period eliminates urgency premium. Sellers face disadvantages with no above-list transactions recorded, requiring aggressive pricing strategies from day one. Cash investors seeking rental inventory may find negotiation opportunities, though the 5.0% appreciation rate barely covers holding costs and suggests limited short-term equity capture potential.

The PropIQ score of 51 signals neutral-to-cautious conditions with balanced risk-reward dynamics entering 2026. The three-month average days-on-market trend will indicate whether the 98.5-day figure represents stabilization or further softening. Monitoring employment data in the Kerrville MSA and mortgage rate movements remains critical, as any rate reduction below 6.5% could compress inventory and accelerate the currently stagnant days-on-market metric within one quarter.